eXp Realty has expanded into Greece in a bid to take advantage of strong growth in the country's real estate market.
“This is a proud moment for eXp Realty as we expand to our 20th market, with the addition of Greece to our well-established operations across Europe,” said Michael Valdes, President of eXp Global, who is responsible for eXp Realty’s worldwide expansion, in a statement.
“Greece is a vibrant market with strong economic projections driven by tourism and excellent foreign investment opportunities. We see tremendous business potential for agents and buyers in Greece who can benefit from the eXp model,” he added.
eXp’s real estate brokerage operations in Greece will be led by Nikos Manomenidis, who brings more than 20 years of international experience in residential and commercial real estate.
Manomenidis is passionate about growing the careers of fellow real estate professionals, has served as President at the Central European Real Estate Associations Network and was a Member of the Board of Directors of the National Association of Realtors in Greece.
Recognizing his longtime service to the real estate community in Greece, Manomenidis was announced as Honorary President of the Greek Association of Certified Real Estate Professionals.
“The eXp model drives digital transformation in the real estate sector and limits our carbon footprint, creating a more sustainable and profitable platform for real estate professionals. This will be a welcome innovation in the Greek real estate market and we look forward to introducing eXp to brokers in the country,” says Manomenidis.
eXp Realty’s agile cloud-based work platform has allowed it to expand rapidly across the globe. Greece represents the second of three markets that eXp Global has identified for expansion in the first quarter of 2022. The Dominican Republic launched in February and New Zealand is slated next.
eXp Realty has more than 77,000 agents globally and is present in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel.